Federal Revenue and Spending: A Book of Charts

Social Security Spending Soon to Rise Rapidly

Although Social Security spending has remained relatively constant since the early 1980s, the approaching wave of aging “baby boomers” is set to send Social Security spending to levels never before seen.

Social Security Spending as a Percentage of GDP
Federal Revenue & Spending Chart Graphic Featuring Discretionary and Mandatory Spending
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Source: Spending and Revenues from CBO Long-Term Budget Outlook, December 2007.